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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
gCaptain
via
gCaptain
U.S. Ports Push Nuclear Power, Faster Dredging at Record AAPA Convention
The American Association of Port Authorities wrapped up its annual convention in New Orleans on Wednesday after drawing its largest attendance ever, with more than 900 participants representing over 90 ports.
From
Mike Schuler
via
gCaptain
Saronic Starts Construction on $3 Billion Texas Shipyard
Saronic Technologies has broken ground on its planned $3 billion Port Alpha shipyard in Brownsville, moving one of the largest new U.S. shipbuilding projects in decades from the planning stage...
From
Reuters
via
gCaptain
Russia Sends Nuclear Warning to NATO as Tensions Rise in the Baltic
Russia has warned NATO it would be ready to resort to nuclear weapons if the Western alliance attempted to cut off Kaliningrad, a Russian exclave that borders the Baltic Sea.
From
Bloomberg
via
gCaptain
Ships Face Fuel Delays at China’s Zhoushan on Supply Squeeze
Ships are being forced to wait significantly longer to refuel at China’s top bunkering hub of Zhoushan, where the fallout from the US-Iran war has tightened supplies and pushed up prices.
From
Mike Schuler
via
gCaptain
Three More Tanker Attacks Surface in Delayed Hormuz Reports
Three more attacks on tankers in the Strait of Hormuz have surfaced through delayed reports from UK Maritime Trade Operations, adding to growing uncertainty over how quickly incidents in the...
From
Reuters
via
gCaptain
Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.
From
Bloomberg
via
gCaptain
JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
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From
Bloomberg
via
gCaptain
Trump Takes Iran Hard Line as Hormuz Tensions Set New Normal
US President Donald Trump insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the Strait of Hormuz stuck in limbo.
From
Mike Schuler
via
gCaptain
Hornbeck Offshore Backs Maritime Nuclear Push With Deployable Energy
Hornbeck Offshore Services is teaming up with nuclear technology developer Deployable Energy to explore the use of compact nuclear reactors aboard vessels and other offshore installations, including floating data centers...
From
Mike Schuler
via
gCaptain
Trump’s Plan for Foreign-Built Navy Ships Runs Into Resistance
President Donald Trump’s push to open U.S. Navy shipbuilding to foreign yards is running into resistance from American shipbuilders and lawmakers who argue the policy risks sending jobs and critical...
From
Mike Schuler
via
gCaptain
Cargo Ship Destroyed in New Attack Off Yemen
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an increasingly volatile southern Red Sea. UK...
From
Mike Schuler
via
gCaptain
Port of Los Angeles Nears 1 Million TEUs in Second-Busiest July
The Port of Los Angeles handled nearly 1 million containers in July, extending a run of historically strong cargo volumes even as an early peak shipping season begins to wind...
From
Reuters
via
gCaptain
U.S. Lifts Decade-Old Security Restrictions on Ships Arriving From Nigeria
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.
From
Reuters
via
gCaptain
Opinion: Oil Market Starts Pricing in a Prolonged Hormuz Crisis
The oil market is increasingly behaving as though disruptions to Middle East energy supplies are not a temporary shock but a new reality.
From
Reuters
via
gCaptain
Trump Says No Talks are Taking Place With Iran and None are Scheduled
President Donald Trump said on Tuesday that talks between the U.S. and Iran were neither taking place nor scheduled but the Strait of Hormuz was open, while Iran said the shipping route would remain closed until the U.S. fulfilled the terms of an interim deal
From
Bloomberg
via
gCaptain
Saudis Offer to Sell Oil Near Oman, a Possible Sign They’re Sailing Dark Through Hormuz
Saudi Arabia is offering to sell oil from off the coast of Oman, a sign that the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
Seafarer Killed in Latest Strait of Hormuz Attack on Commercial Shipping
Two bulk carriers have been struck by projectiles in separate attacks while transiting the Strait of Hormuz, resulting in two crew casualties, including one seafarer killed aboard the Liberia-flagged Minoan Dignity....
From
Reuters
via
gCaptain
Saudi Arabia Resumes Oil Loadings, Sales From Inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources.
From
Bloomberg
via
gCaptain
Oil Supertanker Earnings on Mideast Route Near $510,000 a Day
Earnings for a supertanker procuring crude oil from within the Persian Gulf to Asia are nearing a two-month high, as exporters hunt for more vessels to deliver the fuel via the Strait of Hormuz even as the security situation remains uncertain.